Monument St Calhan, CO 80808
This exceptional investment opportunity presents a thriving 20-lot mobile home park nestled in the desirable Colorado Springs bedroom community of Calhan, Colorado. The park sits on a spacious 4.06-acre lot and boasts a remarkable current capitalization rate of 6.90%, with a projected upside pro forma capitalization rate of 11.51%, indicating significant growth potential. The property includes 20 developed, generously sized lots, each equipped with city utilities. Currently, the park features three mobile homes owned by the park itself, five homes under rent-to-own agreements, and six vacant but developed lots ready for immediate occupancy or future development. Two additional undeveloped lots offer further expansion possibilities. This turnkey operation presents a rare chance to acquire a well-established, high-performing asset with substantial upside potential. The property is being sold in accordance with Colorado Revised Statute 38-12-217. Detailed financial information is available upon request. This is a truly exceptional opportunity for a savvy investor seeking strong returns and long-term growth in a thriving Colorado market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.